If you believe the published growth rate is 4.5 % you believe in fairies at the bottom of the garden. Everyone knows they fudge their figures -even instruct the various municipalities to manipulate their growth rates and anyone who knows anything about China knows the real growth rate is about 2-3 %. They have caught the Japanese disease and that is very bad news for Australia and even worse for iron ore.
AMD General Discussion, page-605
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